Exclusive: Davos Brands Buys Aviation Gin, Eyes Further AcquisitionsNovember 17, 2016
New York-based Davos Brands has agreed to acquire the Aviation Gin brand from Oregon craft distiller House Spirits, SND has learned. Davos, created in 2014 by Ty Ku sake founder Andrew Chrisomalis and Svedka vodka founder Guillaume Cuvelier, has handled distribution for Aviation ($30) for two years. Cuvelier, who serves as Davos’s vice chairman, declined to reveal the sale price.
Aviation will continue to be produced by House Spirits, which recently opened a new $6 million distillery and also makes the Westward whiskey, Krogstad Aquavit and Volstead Vodka brands. Aviation’s volume is expected to reach about 20,000 cases this year, with growth targeted at 50,000 cases in the near term. Davos started handling the brand early last year, and it has since expanded from its Pacific Northwest stronghold to develop a national footprint, targeting off-premise opportunities to complement its popularity in the mixology community.
Davos, whose portfolio also includes Ty Ku and Sombra mezcal, is aligned with the Southern Glazer’s Wine & Spirits network throughout the country. Cuvelier told SND that Davos will remain on the acquisition trail, with buys in vodka and brown spirits a possibility as it looks to continue building “a small portfolio of highly creative, super-premium brands.” —Daniel MarstellerSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.